DBS Cashline

    DBS, one of Singapore’s most popular banks, offers a variety of personal loan and personal line of credit products to its customers. DBS Cashline is a personal line of credit that gives you access to money at your convenience.


    Features of DBS Cashline

    What makes DBS Cashline a customer-friendly product? Here are the reasons:

    • High loan amount: You can get up to 4 times your monthly income as the credit limit for Cashline. The higher your income, the more you can borrow.
    • Flexible access: You can access the DBS Cashline as and when you want it. It is a line of credit, under which the amount you request for is moved to your Cashline account and you can use it whenever you need it. You can withdraw it using an ATM card, through funds transfer or with a chequebook.
    • No withdrawal fee: You don’t need to pay any withdrawal charges when using the money from your Cashline account.
    • Flexible interest charges: Interest rates are charged only on the amount you withdraw from the Cashline account, and not on the entire loan amount.
    • Flexible repayment: You can repay the loan amount as and when you have funds. There is no fixed amount to be paid every month. The repayment amount depends on the money you withdraw from the Cashline account and not on the loan amount approved and disbursed.
    • Top-up option: You can link your savings or current account with the Cashline account and make automatic top-ups to your account whenever you need.

    Interest rates and fees

    The interest rates applicable on DBS Cashline are as detailed in the table below:


    Income of customer

    Effective Interest Rate (EIR)

    DBS Cashline

    S$20,000 to S$29,999


    DBS Cashline

    S$30,000 or more


    Interest is calculated only on the amount you use from your credit limit. For example, if your credit limit is S$8,000 and you withdraw S$5,000 in the month of April, you will be charged 19.8% (or 29.8%) on a monthly basis on S$5,000 only. Other applicable fees on DBS Cashline are as given below:



    Annual fee


    Minimum monthly repayment

    2.5% of the outstanding amount or S$50, whichever is higher

    Minimum interest charge


    Late payment fee


    Late payment penalty

    6% more than the regular EIR

    Over-limit fee


    DBS Cashline promotions

    If you apply for a Cashline account online by 31st May, 2017, you are eligible to get up to S$80 cashback on approval.

    Eligibility criteria

    To apply for a DBS Cashline account, you need to be:

    • At least 21 years old;
    • A Singapore citizen or permanent resident;
    • Have a minimum annual income of S$20,000.

    Documents required

    • For salaried employees:
      • Copy of both sides of the NRIC AND
      • CPF Contribution History Statement for the last 1 year AND
      • Latest Income Tax Notice of Assessment OR
      • Computerised salary slips OR
      • Salary crediting into your DBS or POSB account
    • For persons with variable pay or commission-based employees:
      • Copy of both sides of the NRIC AND
      • CPF Contribution History Statement for the last 1 year OR
      • Income Tax Notice of Assessment for 2 years
    • For self-employed persons:
      • Copy of both sides of the NRIC
      • Income Tax Notice of Assessment for 2 years

    How to apply for DBS Cashline

    You can apply for DBS Cashline in one these three ways:

    • If you have an account with DBS or POSB customer, you can use your iBanking login credentials and access the iBanking services to apply for Cashline.
    • If you have a DBS or POSB debit card or credit card, you can use them at the ATM with the right PIN and select Cashline option on the machine.
    • If you are not an existing DBS customer, you can apply online through the DBS website for this facility.


    1. How does the Cashline account function?
    2. DBS Cashline is a revolving credit facility, or a personal line of credit. You will be allowed a credit limit as per your monthly salary, and you can withdraw the amount you need at the moment from the account. As you withdraw money, the credit limit goes down, and as you make repayments, the credit limit goes up by as much amount as you pay back.

    3. How do I keep track of the activity on my Cashline account?
    4. You will get a monthly Cashline account statement, through which you will know the minimum repayment required, the outstanding balance, and available credit limit.

    5. Can I make online payments to the Cashline account?
    6. Yes. You can make payments through iBanking or DBS Digibank app.

    7. What other payment options do I have?
    8. You can also make repayments in the following ways:

    9. Can I increase my credit limit on Cashline?
    10. You can request for a credit limit review by filling up the credit limit review form and sending it to DBS. You’re eligible for a credit limit increase if your monthly salary has been hiked or if your credit use has been exceptionally good.

    11. Is there any way to insure my Cashline credit?
    12. You can choose to buy the CashCare Protector credit life protection insurance by Manulife Singapore. This policy will take care of your outstanding credit balance on Cashline – up to S$100,000 – if you die, become permanently disabled, or contract a terminal illness or cancer.

    Other products offered by DBS in Singapore

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